XML 78 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8
Acquisitions (Tables)
6 Months Ended
Jun. 29, 2013
Estimated Fair Values of Major Assets Acquired and Liabilities Assumed
The following table summarizes the estimated fair values of major assets acquired and liabilities assumed:
(Millions of Dollars)
 
Cash and cash equivalents
$
82.0

Accounts and notes receivable, net
117.7

Inventories, net
88.9

Prepaid expenses and other current assets
6.2

Property, plant and equipment
49.3

Trade names
22.0

Customer relationships
251.0

Technology
28.0

Other assets
2.5

Short-term borrowings
(0.2
)
Accounts payable
(99.0
)
Accrued expenses
(31.6
)
Deferred taxes
(78.7
)
Other liabilities
(9.0
)
Total identifiable net assets
$
429.1

Goodwill
479.3

Total consideration transferred
$
908.4

Business Acquisition, Actual Information [Table Text Block]
The following table presents information for Infastech, GQ and other 2013 acquisitions that are included in the Company's Consolidated Statements of Operations and Comprehensive Income:
 
Second Quarter
 
Year-to-Date
(Millions of Dollars)
2013
 
2013
Net Sales
138.1

 
$
186.5

Net Earnings (Loss)
0.1

 
(3.8
)
Pro-forma Impact from Acquisitions
 
Second Quarter
 
Year-to-Date
(Millions of Dollars, except per share amounts)
2013
 
2012
 
2013
 
2012
Net sales
$
2,877.2

 
$
2,750.2

 
$
5,461.5

 
$
5,376.9

Net earnings attributable to common shareowners
197.0

 
131.1

 
295.8

 
235.6

Diluted earnings per share-continuing operations
1.24

 
0.78

 
1.87

 
1.40